Expansive profits: liquefied natural gas

Article Abstract:

LNG is expensive to produce but can lead to huge profits since the market has grown by 17% each year. LNG is environmentally safe and can be transported long distances, but complex production plants and transport ships costing $250 million have led to limited investments in the industry.

Analysis, Production management, Energy industries, Energy industry, Liquefied natural gas industry, Liquefied natural gas

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Profits for life: insurance accounting

Article Abstract:

British life insurers Prudential and BAT have changed accounting methods from the statutory to the accrual system, thereby raising their profit estimates considerably. Profits will be counted when they accrue, an inaccurate process, rather than when the policy matures.

United Kingdom, Insurance industry, Accounting and auditing, Prudential Corporation PLC, B.A.T. Industries PLC

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Skoupa-dooper profits

Article Abstract:

Consumer goods such as food and TV sets are regularly purchased in Greece by Albanians and brought back in trucks. The many Albanians who enter Greece illegally do not cause great resentment, as they provide cheap labor.

Greece, International trade, Greek foreign relations, Albania, Albanian foreign relations

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